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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating Activities:        
Net earnings $ 107,949 $ 118,736 $ 321,435 $ 344,397
Adjustments to reconcile net earnings to net cash from operating activities:        
Provision for losses on accounts receivable 1,321 134 2,461 995
Deferred income tax (benefit) expense (1,439) (7,611) 2,342 13,312
Excess tax benefits from stock plans (107) 0 (239) (1,846)
Stock compensation expense 10,476 10,919 34,264 32,489
Depreciation and amortization 11,882 11,475 34,853 34,424
Other 11 2 41 115
Changes in operating assets and liabilities:        
(Increase) decrease in accounts receivable (58,279) 2,466 6,087 18,910
Increase (decrease) in accounts payable and accrued expenses 38,070 (19,622) 74,148 3,311
Increase (decrease) in income taxes payable, net 7,197 19,978 (16,612) 4,110
Increase in other current assets (1,395) (3,801) (2,089) (1,419)
Net cash from operating activities 115,686 132,676 456,691 448,798
Investing Activities:        
Purchase of short-term investments 0 0 (54) (47,008)
Proceeds from maturities of short-term investments 0 38,788 17 79,084
Purchase of property and equipment (12,659) (9,546) (39,973) (31,903)
Other, net 1,617 (2,666) 5,509 (2,482)
Net cash from investing activities (11,042) 26,576 (34,501) (2,309)
Financing Activities:        
Proceeds from issuance of common stock 57,522 54,606 147,645 114,701
Repurchases of common stock (101,690) (209,970) (268,097) (415,475)
Excess tax benefits from stock plans 107 0 239 1,846
Dividends paid 0 0 (73,000) (68,781)
Distributions to noncontrolling interest 0 0 0 (857)
Net cash from financing activities (44,061) (155,364) (193,213) (368,566)
Effect of exchange rate changes on cash and cash equivalents 1,853 (20,932) 5,927 (36,347)
Increase (decrease) in cash and cash equivalents 62,436 (17,044) 234,904 41,576
Cash and cash equivalents at beginning of period 980,264 985,727 807,796 927,107
Cash and cash equivalents at end of period 1,042,700 968,683 1,042,700 968,683
Taxes Paid:        
Income taxes $ 58,696 $ 60,374 $ 205,049 $ 190,024